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TechNavio Forecasts 35% CAGR for Big Data Professional Services Market by 2019

TechNavio Forecasts 35% CAGR for Big Data Professional Services Market by 2019 - top government contractors - best government contracting event

Big Data, AppsA new TechNavio study predicts the compound annual growth rate for professional services in the global big data market to reach 35.05 percent over the next four years.

The need to fill expertise and experience in the implementation of big data projects will drive market growth, ReportBuyer said Tuesday.

The report also noted that adoption of Analytics as a Service will become the prevalent trend and that security concerns will become one of the challenges to the growth of the big data professional services market.

The study cited Accenture, IBM, Hewlett-Packard, PricewaterhouseCoopers and Deloitte Touche Tohmatsu as among key market players.

 

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Written by Jane Edwards

is a staff writer at Executive Mosaic, where she writes for ExecutiveBiz about IT modernization, cybersecurity, space procurement and industry leaders’ perspectives on government technology trends.

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